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        EDP

         EDP Renováveis increases capital by €55.8 million
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        By Christopher Graeme
        In Companies, EDP, EDPR, Energy, News
        Posted 12 Maio, 2025

        EDP Renováveis increases capital by €55.8 million

        Portugal’s renewables company EDP Renováveis had raised €55 million in capital through a reserves incorporation resulting in the issue of 11,000 shares worth €5 each. The move was announced today [...]

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         EDP rejects notion of US pressure over Chinese shareholder
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        By Christopher Graeme
        In Company results, EDP, Energy, News, Quarterly results
        Posted 9 Maio, 2025

        EDP rejects notion of US pressure over Chinese shareholder

        Portugal’s multinational energy company EDP has rejected the idea that it is under pressure from the United States because one of its shareholders is the Chinese State-backed energy company China [...]

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         EDP says US will continue to be a large market for the Portuguese energy company despite Donald Trump’s “drill, baby, drill” remarks
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        By Christopher Graeme
        In Economy, EDP, EDPR, News, Renewables
        Posted 21 Janeiro, 2025

        EDP says US will continue to be a large market for the Portuguese energy company despite Donald Trump’s “drill, baby, drill” remarks

        The CEO of EDP’s renewables arm EDPR (2.11%), Miguel Stilwell de Andrade, says that the Portuguese electricity company continues to see the United States as a major market for the company, [...]

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         EDP Group shares suffer €930 million wipe off after Trump criticism of renewable energy sources
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        By Christopher Graeme
        In EDP, Energy, News, Stocks and Shares
        Posted 9 Janeiro, 2025

        EDP Group shares suffer €930 million wipe off after Trump criticism of renewable energy sources

        EDP and EDP Renováveis saw share values fall €937 million on Wednesday after Donald Trump’s severe criticisms over wind turbine energy. Donald Trump said he didn’t want new wind farms in the US [...]

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         Portugal’s EDP Renováveis quits Colombia after posting lost profits of €500 million
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        By Christopher Graeme
        In Companies, EDP, Energy, News
        Posted 20 Dezembro, 2024

        Portugal’s EDP Renováveis quits Colombia after posting lost profits of €500 million

        The renewables arm of Portuguese energy giant EDP – EDP Renováveis – is to abandon the Colombian market just five years after entering the market having lost €500 million in profits. [...]

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         EDP to build largest solar park in Europe in Alentejo
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        By Christopher Graeme
        In EDP, News, Renewables, Solar energy
        Posted 25 Novembro, 2024

        EDP to build largest solar park in Europe in Alentejo

        The Portuguese energy giant EDP is to invest around €115 million in the country’s Alentejo region to build what will become the largest solar park in Europe. The Sobreira photovoltaic plant, [...]

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         EDP profits up 14% to €1.8Bn to September
        0
        By Christopher Graeme
        In Companies, EDP, EDPR, Financial results, News
        Posted 11 Novembro, 2024

        EDP profits up 14% to €1.8Bn to September

        EDP posted a net result of €1.08Bn between January and September according to a note sent to the Portuguese securities commission CMVM. Profits for thew period were up 14% on the same period in [...]

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         Judge orders e-mails in EDP/CMEC case to be destroyed – but they’ve vanished without trace
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        By Christopher Graeme
        In EDP, EDPR, Justice, News
        Posted 24 Outubro, 2024

        Judge orders e-mails in EDP/CMEC case to be destroyed – but they’ve vanished without trace

        A judge has ordered the original e-mails used in an investigation that could have sustained a possible Public Ministry accusation against a former CEOs of Portugal’s electricity and renewables [...]

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         EDP profits soar 75% to €762 million in H1
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        By Christopher Graeme
        In Companies, EDP, EDPR, Financial results, News
        Posted 31 Julho, 2024

        EDP profits soar 75% to €762 million in H1

        EDP made a profit of €762 million in the six months ended in June, the company said on Tuesday, in a statement published on the website of the market regulator, the Securities Market Commission [...]

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         EDPR profits soar 163% in H1
        0
        By Christopher Graeme
        In EDP, EDPR, News
        Posted 26 Julho, 2024

        EDPR profits soar 163% in H1

        EDP Renovavéis enjoyed a bumper first half of the year with net profits up 163% to €210 million on the back of a 5% increase in production, as well as gains from assets rotation. The net profit [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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